Following a marathon 4.5 hour Salina City Commission Special Meeting, a refurbished and revitalized downtown is a step closer to becoming a reality.
By a 5-0 vote city commissioner approved multiple complex funding mechanisms that include adopting a STAR Bond Project Plan for a STAR Bond District, which has already been approved by the Kansas Department of Commerce. Funding will also come from Industrial Revenue Bonds, not to exceed an amount of which will be amended to a little over $30 million, and several Downtown Redevelopment District designations.
An agreement with an organization called "Salina 2020" was also approved.
A key component to ...
Following a marathon 4.5 hour Salina City Commission Special Meeting, a refurbished and revitalized downtown is a step closer to becoming a reality.
By a 5-0 vote city commissioner approved multiple complex funding mechanisms that include adopting a STAR Bond Project Plan for a STAR Bond District, which has already been approved by the Kansas Department of Commerce. Funding will also come from Industrial Revenue Bonds, not to exceed an amount of which will be amended to a little over $30 million, and several Downtown Redevelopment District designations.
An agreement with an organization called "Salina 2020" was also approved.
A key component to ...